Publication:
Another case of the middle-income trap: Chile, 1900-1939

dc.contributor.authorCouyoumdjian, Juan Pablo
dc.contributor.authorDíaz, Diego A.
dc.contributor.authorLarroulet Vignau, Cristián
dc.date.accessioned2023-03-22T19:49:57Z
dc.date.available2023-03-22T19:49:57Z
dc.date.issued2022
dc.description.abstractThis paper studies the evolution of the Chilean economy in the late 19th and early 20th century, a period when the country's convergence with developed countries came to an end. We analyse this problem in the context of the modern literature on the middle-income trap. The social, political and economic history of Chile between 1875 and 1939 is examined and the presence of most of the factors associated with the middle-income trap is found. We complement this narrative through a quantitative analysis based on the synthetic control method and argue that the process of state-led industrialisation undertaken in the country leading to the formation of CORFO was a key economic and political event. Our work presents some general lessons for developing countries facing a similar context.
dc.description.versionVersión aceptada
dc.format.extent32 p.
dc.identifier.citationCouyoumdjian, J., Larroulet, C., & Díaz, D. (2022). Couyoumdjian, J., Larroulet, C., & Díaz, D. (2022). Another case of the middle-income trap: Chile, 1900-1939. Revista De Historia Economica - Journal of Iberian and Latin American Economic History, 40(1), 5-33. doi:10.1017/S0212610920000221, 1900–1939. Revista De Historia Economica - Journal of Iberian and Latin American Economic History, 40(1), 5-33. doi:10.1017/S0212610920000221
dc.identifier.doihttps://doi.org/10.1017/S0212610920000221
dc.identifier.urihttps://repositorio.udd.cl/handle/11447/7131
dc.language.isoen
dc.subjectEconomic and institutional change
dc.subjectMiddle-income trap
dc.subjectChile
dc.titleAnother case of the middle-income trap: Chile, 1900-1939
dc.typeArticle
dcterms.accessRightsAcceso abierto
dcterms.sourceRevista de Historia Económica: Journal of Iberian and Latin American Economic History
dspace.entity.typePublication
relation.isAuthorOfPublication89ea0604-7da3-4ad4-b82c-7061ffb67ffb
relation.isAuthorOfPublication.latestForDiscovery89ea0604-7da3-4ad4-b82c-7061ffb67ffb

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